IMF concludes visit to Ghana discussing economic policies

IMF concludes visit to Ghana discussing economic policies
Economics
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Gita Gopinath is the First Deputy Managing Director of the International Monetary Fund. | https://www.imf.org/en/About/Senior-Officials/Bios/gita-gopinath

An International Monetary Fund (IMF) team, led by Stéphane Roudet, visited Ghana from February 10 to 14 as part of their regular engagement with the country's authorities and stakeholders. The visit aimed to discuss recent macroeconomic developments and initiate talks on policies for the 2025 budget.

Stéphane Roudet issued a statement at the end of the visit: “The mission team engaged the Ghanaian authorities on recent macroeconomic developments. It also started discussions on the policies that will underpin the 2025 budget. This dialogue is set to continue over the coming weeks."

Roudet further noted, “We also took stock of the authorities’ progress in meeting key commitments under the Fund-supported program. These will be formally assessed in the context of the fourth review of the Extended Credit Facility arrangement, which is expected to be undertaken in April 2025."

During their stay, IMF staff met with several high-profile figures including President Mahama, Finance Minister Forson, and Bank of Ghana Acting Governor Asiama. Meetings were also held with representatives from various government agencies and other stakeholders.

The IMF expressed gratitude for "the constructive engagement and support" received during this mission.